National Republican., 1887-03-17
A DULL MARKET.
Trading Not at All Active on the Stock
Exchange.

New YoRK, Mar. 16.-The prevailing
feature In the stock market to-day was its
dullness, the great majority OF operators
being kept out Of the market by the fear OF
tight money, which still hangs over the
market. The fluctuations, except in one or
two cases, were confined within very mar
row range, and the trading was mostly OF O
decidedly professional character. There
was renewal Of the purchasing for foreign
account this morning, which gave an APP
pearance OF strength TO the opening Upon
the cessation OF this demand, however, the
market slipped back into midsummer duh.
ness, and the transactions became almost
totally devoid Of feature.
The opening was strong, first prices
showing advances over last evenings final
figures OF from ! TO per cent, Missouri
Pacific being an exception, with loss OF
4. Prices early showed declining ten
dency on moderate business only, which
soon dwindled away, and by noon the
market was very duh at fractional conces.
sions from first prices. After that time,
however, more animation was displayed,
and the coaf stocks and Western Union
became the leaders. Another period of
weakness followed, but the last hour saw
the most decided strength Of the day, and
the close was dull but firm generally, at
shade better than the opening figures.
Money on call has been easy, ranging from
% to 81, last loan at Q, and closing at
to 81. There is an increased demand for
ninety day money, and 6 per cent.
is offered for prime mercantile paper.
Sterling exchange is dull, with little dc.
mand. Some bills are offering but at con.
cessions to buyers. Actual business at 4S3t
to 4S32 for 60.day bills and 4sGI to 1861 for
demand. Posted rates 4S4I to 4S7. Go Iern
m Ht,n
State bonds have been very dull aud
steady. Railroad bonds have been dull
and steady to firm.
Treasury balances - Coin, S134, 1924, go;
currency, $lS,gG0,006.
The following were the closing bid ouo.
tations
IS, lo9,l; IS, 12s,G4!6 COUP, 100; pao. G, of
Cons, So; Mo. 6s ofs7. i6i9s; N. G. Cons. 6s.
l2b12; do. As, 90; Tenn. settemt Gs, 1885,
do. 6s, l03; Va 6s 49, do ,consuls N. O.,
iS i lefp b. &R is.tSn 9 S GePel IT, as Psf NOrS H.
ern Pac. LIST, ll7l4;. do. "a, lO7: Northwestern
cons lS9h; do. debenture, lo9M; st. L. &
san F5an Cnso lGP% Pc ~ 81 s Rsg scSS oSns Pal 1ag
West Shore. 1929; Adams Express, ii2; Alton
III Bos sO A,r qG pref prefferTea 50 ApsTcap
Can. Southern, 672I: Canton. bo Cen. Pac,,
ss1I; Ches,& Ohio, ~; Chicago 4 Alton, iii,s
DO pref, 100; z. y. q 1884; Cleve'd 4 Col,
S212; Con. Coal 2$ Del 4 Hqai 1925; Del. & l..
Hoas. Tex, e IS; III. Cen. ias; 'in Raus. e
Texas, SllE; L. y; & w, 49,; Lake shore
Chat, SO; Met: L., 202; Mich. Gen., y05s; Mo,
Pac,. 1923; Mob. o., lG1s: Man. & E.. 13t; N
Chat. s3la; N. J. Central, 7O1ls; MIX. & w. pref
western, 1852; do. pref, iii; N. Y. Central
| 112; Chicago Il st. L., 1871; do. pref 27,S
Ohio 4 Miss, 2s.4 4;do. pref; s.; Or Nav, ,l0OlS
P9e. Mail, o.; Pittsburg, l5ll9; Reading, 371s
Rock L., iA; 81. l.. & s. +, F.,8a35 do pref pref, 6SS R
LIST pref; 1li1g;, st., Paul, 92; do pref, 100
| 81. Paul o., 4S19; do. pref. 10S2s: Tex. Pac
l7IS; do. pref ,9OI s;Weils Far. l2S; W, Union
~; Tenn. Coal & Iron, 4i15; Cotton Oh
Trust, bl1l; Quicksilver, Z; do. pref, 81.